Money market fund assets rise to $2.652 trillion

Published March 14, 2013 9:16pm ET



NEW YORK (AP) — Total U.S. money market mutual fund assets rose $5.32 billion to $2.652 trillion for the week that ended Wednesday, according to the Investment Company Institute.

Assets of the nation’s retail money market mutual funds fell $1.36 billion to $911.61 billion, the Washington-based mutual fund trade group said Thursday. Assets of taxable money market funds in the retail category fell $590 million to $715.27 billion. Tax-exempt retail fund assets fell $760 million to $196.34 billion.

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